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HomeMy WebLinkAboutResolution - 2021-R0197 - CDBG Funding Agreement 15921 for HOME 5.25.2021Resolution No. 2021-RO197 Item No. 6.20 May 25, 2021 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock, Community Development Block Grant Funding Agreement 15922, and all related documents, between the City of Lubbock and the U.S. Department of Urban Development (HUD), for the Home Investment Partnerships Grant (HOME). Said Contract is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on ATTEST: Reb ca Garza, City Sect t APPROVED AS TO CONTENT: May 25, 2021 DANIEL M. POPE, MAYOR �<a AL Karen Murfee, Community Develo ent Director APPROVED AS TO FORM: K lli Leisure, Assistant City Attorney ccdocs/RES. CBDG Contract 15922 —HUD HOME 05.07.21 Funding Approval and HOME Investment Partnerships Agreement Title II of the National Affordable Housing Act U.S. Department of Housing and Urban Development Office of Community Planning and Development 1. Participant Name and Address City Of Lubbock P.O. Box 2000 Lubbock, TX 79457-0001 2. Grant Number M20-MC480205 3a Tax Identification Number 756000590 3b. Unique Entity Identifier (formerly DUNS) 058213893 4. Appropriation Number 860/30205 5. FY 2020 6. Previous Obligation (Enter "0" for initial FY allocation) $0 a. Formula Funds $948,611 b. Community Housing Development Org. (CHDO) Competitive 7. Current Transaction (+or-) $948,611 a. Formula Funds $948,611 1. CHDO (For deobligations only) $ 2. Non- CHDO (For deobligations only) It. CHDO Competitive Reallocation or Deobli ation $ 8. Revised Obligation a. Formula Funds b. CHDO Competitive Reallocation $ 9. Special Conditions (check applicable box) ® Not applicable ❑ Attached 10. Date of Obligation (HUD Official's Date of Signature) 05/03/2021 11. Indirect Cost Rate' 12. Period of Performance Administedno Aeencv/Dent. Indirect Cost Rate Direct Cost Base I Date in Box #10 - 09/01/2028 —% " If funding assistance will be used for payment or indirect costs pursuant to 2 CFR 200, Subpart E-Cast Principles, provide the name of the departmentiagency, its indirect cost rate (including if the de minimis rate is charged per 2 § CFR 200.414), and —% the direct cost base to which the rate will be applied. Do not include cost rates for subrecipients. This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 at si The Participating Jurisdiction's /Entity's approved Consolidated Plan submission/Application and the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME Investment Partnership Agreement, form HUD-40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this Agreement, HUD will make the funds for the Fiscal Year specified, available to the Participating JurisdictioNEntity, upon execution of this Agreement by the parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment by HUD, without the Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to the Participating Judsoiction'slEntity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR 92.502. To the extent authorized by HUD regulations at 24 CFR Pad 92, HUD may, by its execution of an amendment, deobligate funds previously awarded to the Participating Jurisdiction/Entity without the Participating Judsdiction's/Entity's execution of the amendment or other consent. The Participating Jursdiction/Enlily, agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies as affordable housing. Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58. The Grantee shall comply with requirements established by the Office of Management and Budget (OMB) concerning the Universal Numbering System and System for Award Management (SAM) requirements in Appendix A to 2 CFR pad 25, and the Federal Funding Accountability and Transparency Act (FFATA) in Appendix A to 2 CFR pan 170. The Period of Performance forthe funding assistance shall begin on the date specified in item 12 and shall and on September 16t of the 9 fiscal year after the expiration of the period of availability for obligation. Funds remaining in the account will be cancelled and thereafter not available for obligation or expenditure for any purpose. Per 31 U.S.C. 1552. The rmnhas shall not Incur anv obloalions to be oaid with such assistance afterthe end of the Period of Performance. 13. For the U.S. Department of HUD (Name and Title of Authorized Official) Nl riatiff e 15. Dale Shirley J. Henley OS/03/2021 16. For the Participating Jurisdiction/Entity (Name and Title of Authorized Official) 17. Signs ure 18. Date 19. Check one: r - 1) v ® Initial Agreement ❑ Amendment # 1 20. Funding Information: HOME Source of Funds Appropriation Code PAS Code Amount 2020 860/30205 HMF (H) $941,127 2019 869/20205 HMF (G) $1,370 2018 868/10205 HMF (F) $6,114 Page 1 form HUD40093 No Text